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- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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1️⃣ Post a photo or video with Gate elements
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Bitcoin Blasts Past $116K as Institutional FOMO and Policy Support Ignite Rally
Bitcoin’s Meteoric Rise
On July 10, 2025, Bitcoin surged to a record-breaking high, peaking at $116,687 according to data from CryptoMeter. This unprecedented milestone marks Bitcoin’s strongest performance yet, driven by a potent blend of market forces and policy developments.
What’s Fueling the Climb?
Several key drivers are behind Bitcoin’s explosive move:
Institutional investors are piling in, encouraged by the Trump administration’s crypto-positive stance. New executive orders—including one creating a U.S. crypto reserve—and strategic appointments have helped unlock fresh capital from large funds.
Bitcoin’s rapid ascent triggered a major short squeeze, wiping out over $1 billion in bearish bets within a single day. Meanwhile, futures markets lit up with increased activity, especially around $115K and $120K call options—signaling a surge in bullish speculation.
On-chain data shows fewer Bitcoins available for sale, as holders move coins off exchanges. This reduced liquidity is tightening supply, creating upward pressure on price.
Broader Market Context
Bitcoin’s rally isn’t happening in a vacuum—it’s part of a larger financial shift:
The U.S. stock market is enjoying a risk-on environment, boosted by tariff rollback chatter and strong earnings. This bullish energy has spilled into the crypto market, amplifying Bitcoin’s momentum.
The recently passed “Big Beautiful Bill” raised the national debt ceiling by $5 trillion, sparking inflation worries and prompting investors to seek scarce assets like Bitcoin. BlackRock’s IBIT fund now holds more than $76 billion in assets, a clear sign of growing institutional confidence.
Can This Rally Hold?
Analyst opinions vary, but most lean optimistic:
Expectations are high for the July 14 launch of “Crypto Week,” which could introduce additional pro-crypto legislation. Coupled with improving institutional infrastructure, this may further legitimize Bitcoin in traditional finance.
Despite the bullish outlook, Bitcoin’s price remains highly volatile. Its increasing correlation with traditional equities means a stock market pullback could quickly spill over into crypto.
Bitcoin has rocketed past $116K, driven by institutional interest, policy momentum, shrinking supply, and aggressive speculative trading. While the rally reflects growing market maturity, volatility and equity correlations remain critical concerns moving forward.